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Petrobras Resists Brazil Gov't Calls to Reverse Asset Sales

Mar 30, 2023

The board of Brazil's state-run oil firm Petrobras on Wednesday resisted pressure from the government to reverse asset sales, citing its obligation to follow a multi-year strategic plan and respect existing contracts. Brazil's Mines and Energy…

Maryland Gears Up for Massive Offshore Wind Power Increase

Mar 30, 2023

Maryland Governor Wes Moore on Wednesday announced goals to more than quadruple the state's offshore wind capacity to 8.5 gigawatts - enough to power nearly three million homes - as part of an effort by the state to achieve 100% clean energy by 2035…

Chevron, Exxon Big Buyers in U.S. Gulf of Mexico Drilling Auction

Mar 30, 2023

A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years and the first test of demand for investment since the Russian invasion of Ukraine…

Iberdrola and Amazon Collaborate on Renewable Energy and Digitalization

Mar 30, 2023

Spanish energy company Iberdrola and Amazon have announced a new global collaboration to support the development of large-scale renewable energy projects and leverage cloud computing technology to enhance digitalisation in the energy transition…

US Department of Energy Releases Offshore Wind Strategy

Mar 29, 2023

The U.S. Department of Energy (DOE) has released its Offshore Wind Energy Strategy, a first of its kind, comprehensive summary of the Department’s efforts to meet President Biden’s goal to deploy 30GW of offshore wind energy by 2030.The strategy…

QatarEnergy Picks Up Stakes from Exxon in Canadian Offshore Blocks

Mar 29, 2023

Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio.QatarEnergy, the world's largest producer of liquefied natural gas (LNG)…

FACTBOX- Potential Bidders for Norway's First Offshore Wind Areas

Mar 29, 2023

Norway on Wednesday opened tenders for two areas in the North Sea to build wind parks that could produce some 3 gigawatt (GW) of electricity, in a first step towards a goal of producing 30 GW by 2040, garnering strong interest from energy firms…

Norway Opens First Offshore Wind Tenders. Aims to Build 30 GW of Offshore Wind Capacity by 2040

Mar 29, 2023

Norway on Wednesday opened its first tenders to build offshore wind farms, including one area for floating wind, in a step to meet growing electricity demand at home and to build a new industry.'In order to further develop Norway, the answer…

Southeast Asia's "First" Hybrid CTV Handed Over to HST Marine at Strategic Marine New Shipyard

Mar 29, 2023

Shipbuilder Strategic Marine on Wednesday unveiled a new shipyard featuring a 5,000-DWT dry dock and a 6,000-DWT slipway. The company said it had also handed over Southeast Asia’s first hybrid crew transfer vessel (CTV) to HST Marine, and unveiled the Gen-4 One fast crew boat (FCB)…

Transocean Adds $113M to Backlog with New Offshore Rig Contract Wins

Mar 29, 2023

Offshore drilling contractor Transocean has won contracts for two of its harsh environment semi-submersible drilling rigs. The contracts are worth around $113 million in total for the firm part.Transocean said that its Transocean Endurance offshore…

ADS Maritime Holding Acquires 10% Stake in High-Spec Dive Support Vessel

Mar 29, 2023

ADS Maritime Holding said Wednesday it had acquired a 10% stake in a Dive Support Vessel and will act as Commercial Manager with primary responsibility for following up the shipowning company’s activities related to the vessel and the bareboat contract…

Noreco Proposes Name Change

Mar 29, 2023

Norway-based oil and gas firm Noreco on Tuesday announced a rebranding and planned name change from Norwegian Energy Company ASA (Noreco) to BlueNord ASA.The proposal for change of company name will be put forward for approval at the company's annual general meeting to be held on April 25…

ScottishPower Renewables Orders $1.6B Worth of Offshore Wind Turbines from Siemens Gamesa

Mar 29, 2023

Wind turbine maker Siemens Gamesa has secured a firm order with Iberdrola's ScottishPower Renewables to supply 95 units of its flagship SG 14-236 DD wind turbine to the East Anglia 3 wind power project in the North Sea, off England’s east coast…

TotalEnergies Spuds Benriach Offshore Well in UK. Targets 638 Bcf of Resources

Mar 29, 2023

French oil major TotalEnergies has spudded the 'highly prospective' Benriach Well in the Laggan Tormore area, west of Shetland, UK.This is according to Kistos, TotalEnergies' partner in the project, who said Tuesday that TotalEnergies had started drilling at the exploration well…

Havfram Wind to Transport and Install Turbines for Vattenfall's Multi-GW Norfolk Projects

Mar 29, 2023

Energy firm Vattenfall has selected offshore installation company Havfram Wind as a preferred supplier for the wind turbine installation services for Vattenfall’s Norfolk projects in the United Kingdom. Havfram Wind will transport and install the turbines over a period of 3 years…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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